1. In case a decrease in price of a
commodity results in an increase in its demand on a negatively sloping demand
curve, it is called
(A) An
increase in demand
(B) An
increase in quantity demanded
(C) Law of
demand
(D) Any of the
above
Answer B
2.
Production function is not based on the assumption of the
(A)
Substitutability of inputs
(B)
Complementarity of inputs
(C)
Marketability of products
(D)
Specificity of inputs
Answer C
3.
Match the items of the following two lists and indicate the correct
code :
List – I
List – II
a. Trade
channel discounts i.
Oligopoly pricing
b. Tie-up
sales
ii. Locational price
differentials
c. Price being
nonresponsive to changes in
iii. Differential pricing
demand costs
d.
Basing-point pricing
iv. Product-line pricing
Codes :
a b c
d
(A) iv
ii iii i
(B) iii
iv i ii
(C) ii
i iv iii
(D) I
iii ii iv
Answer B
4.
Indicate the correct code matching the items in List – I with
those in List – II as follows :
List – I
List – II
a. Competitive
parity in advertising
i. Variations in advertising
b. Promotional
elasticity of product
ii. Advertising scheduling
c. Optimal
promotion mix iii.
Advertising expenditure
d. Pulsing
advertising iv.
Marginal equivalence of dvertising
media outlay
Codes
:
a b
c d
(A) ii iii i iv
(B) iii i iv
ii
(C) i iv
ii iii
(D) iv ii iii
i
Answer
B
5.
Macroeconomics basically concerns with which of following in an economy?
(A) Industry,
Trade and Commerce
(B)
Agriculture, Industry & Trade
(C)
Employment, Inflation & Growth
(D)
Population, Income and Economic Planning
Answer
C
6.
The competition commission of India has no rule in regulating
which of the following?
(A)
Restrictive Trade Agreements
(B) Abuse of
Market Power
(C) Unfair
Trade Practices
(D) Mergers and Acquisitions
Answer C
7.
The ability to understand, communicate with, motivate and support
other people, both individually and in groups, defines which of the following
management skills?
(A) Hard
Skills
(B) Soft
Skills
(C) Conceptual
Skills
(D) Political
Skills
Answer B
8.
As __________, managers receive a wide variety of information and
serve as the nerve centers of internal and external information of the
organization.
(A) Leaders
(B) Monitors
(C)
Distribution handlers
(D) Resource
allocators
Answer B
9.
Which one is the correct combination?
(A) Theory of
Conditioning – Bernara
(B) Operant
Conditioning Theory – B.F. Skinner
(C) Stimulus
Response Theory – Hoodman
(D) Theory of
Associates – Marshall
Answer B
10.
Match the following:
List – I
List – II
a. Evaluative
statements or judgments
i. Attitudes
concerning objects, people or events
b. The opinion
or belief segment of
ii. Cognitive Component
an attitude
c. The
emotional or feeling segment iii. Affective
Component
of an
attitude
d. An
intention to behave in a certain way iv. Behavioural component
towards someone or something
Codes
:
a b c d
(A) i ii iii iv
(B) iv iii
ii i
(C) iv ii iii i
(D) i iii ii iv
Answer A
11.
As per Rorsach value survey, which of the following is not an
instrumental value?
(A) Ambitious
(B)
Imagination
(C) Wise
(D) Capable
Answer C
12.
When we judge someone on the basis of our perception of the group
to which
he or she belongs, we are using the
shortcut, called ________
(A) Selective
Perceptive
(B) Halo
effect
(C) Contrast
effect
(D)
Stereotyping
Answer D
13.
Performance = f (m, a, e). In this expression ‘e’ stands for
(A) Efficiency
(B)
Effectiveness
(C) Environment
(D)
Entrepreneurship
Answer C
14.
Selecting a representative sample of jobs, preparing job
descriptions for
them, comparing them on the basis of the
information in the job descriptions
and placing them in order of their
perceived importance represents which of
the following job evaluation methods?
(A) Job
grading method
(B) Job
ranking method
(C) Points
rating method
(D) Guide chart method
Answer B
15.
Match the following:
List – I
List – II
a. A pay plan
in which most employees are
i. Elitest pay system
part of the same compensation system.
b. A pay plan
in which different compensation
ii. Skill based pay
systems are established for employees or
groups at different organizational levels.
c. A pay
system in which employees are iii. Egalitarian pay system
paid on the basis of the jobs they can do.
d. The
perceived fairness of the pay structure iv. Internal equity
within a firm.
Codes
:
a b c d
(A) i ii
iii iv
(B) iii i
ii iv
(C) i iii ii iv
(D) iii ii i iv